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Liburkina L. M.

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Analysis of Scientific Approaches to Understanding the Risk Management of Logistics Systems
Baidatskiy M. V.

Baidatskiy, Mykola V. (2024) “Analysis of Scientific Approaches to Understanding the Risk Management of Logistics Systems.” Business Inform 2:265–271.
https://doi.org/10.32983/2222-4459-2024-2-265-271

Section: Management and Marketing

Article is written in Ukrainian
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UDC 330.131.7

Abstract:
The purpose of the study is to systematize the views of foreign and Ukrainian scholars on the risk management of logistics systems and to develop the author’s approach to understanding the concept of logistics system. The article defines that the use of risk management instruments is due to a number of advantages, in particular, the following: improvement of strategic planning at the enterprise; improving the efficiency of the production and economic system of the enterprise; optimization of the use of material resources of the enterprise; improvement of communication channels between employees and management of the enterprise; identification of risks that adversely affect the operation of the enterprise; development of a methodology for identifying risks that impact the operation of the enterprise. To determine the instruments for risk management of logistics system, foreign experience in studying this issue is analyzed. The features of the new paradigm in comparison with traditional approaches to risk management are highlighted as follows: continuous management process, coordination of management decisions by the head of the enterprise, a wide range of analyzed risks. Approaches to the definition of the concept of logistics system are analyzed and the author’s own vision of this concept is proposed in the following wording: it is a complex of enterprise structures, processes, infrastructure elements and information flows aimed at planning, coordinating and managing the movement of material and information flows in order to ensure the efficiency and competitiveness of business, which includes such aspects as inventory management, warehousing, transportation, management of supply and distribution, as well as information processing and supplier and customer relationship management in order to ensure optimal use of resources, minimization of costs, ensuring high quality of customer service and timely supplies. Risk management of a logistics system is a complex, multifaceted process that is aimed at ensuring efficient, productive, stable and reliable operation of the logistics system by identifying, assessing and managing risks that affect the performance of the enterprise.

Keywords: risk management, logistics system, supply chains, business competitiveness, material flows, cost minimization.

Fig.: 2. Tabl.: 1. Bibl.: 21.

Baidatskiy Mykola V. – Postgraduate Student, Department of Administrative Management and Foreign Economic Activity, National University of Life and Environmental Sciences of Ukraine (15 Heroiv Oborony Str., Kyiv, 03041, Ukraine)
Email: [email protected]

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